Top three things the best leaders focus on in times of crisis
Published on January 27, 2023
While crisis management is always a top priority, many leaders are not adequately prepared to deal with a high-risk situation. Yet, failure to properly respond to a sudden crisis can be costly.
According to Forbes, crisis preparation can cost anywhere from $60,000 to $500,000, depending on the industry and location. In comparison, unprepared companies often end up spending millions of dollars on mitigation and losing hundreds of millions in reputation and shareholder value.
So how can you be a better leader throughout the crisis management process? Watch this video to discover the top three things every leader should focus on when dealing with a crisis.
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